Skip to main content
January 29, 2024
Question

1099 NEC for Schedule E: When filling out the schedule E. Do i use the property owners personal address or the address from the schedule E?

  • January 29, 2024
  • 1 reply
  • 0 views

The client paid a contractor for their schedule e rental property. I'm unsure whether to use their personal address or the address from the rental property when filling out the 1099 NEC. 

1 reply

January 29, 2024

Let me point you in the right direction for handling your 1099 concern, @Nthombookkeeping.

 

When you file your 1099 NEC for Schedule E forms through our 1099 service and need to process a correction, you'll have to work directly with the IRS to make a manual amendment. They can discuss details about the process, especially the amount and name you'll have to enter on the 1099 form. You can get their contact details from their website. Check out this link: IRS Help.

 

Additionally, check out this resource to get answers to your 1099-related questions: Get answers to your 1099 questions.

 

Keep me posted below if you need assistance while working in QBO or have additional questions about processing the 1099 forms. I'll get back and respond to them.